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1700 W Central Rd, Arlingto...

Rick Anesiv Of Lee & Associates Represents Sohn Medical's Lease In Arlington Heights
LEASEDOffice

Rick Anesiv Of Lee & Associates Represents Sohn Medical's Lease In Arlington Heights

1700 W Central Rd, Arlington Heights...

Building Size

2,850 SF

Asset Type

Office

Closing

Jun 7, 2019

AI

The leased property is a 2,850-square-foot medical office located at 1700 Central Road in Arlington Heights. The office is utilized by Sohn Medical, with Rick Anesiv from Lee & Associates serving as the tenant's representative, and Will Thompson from Property Services Inc. representing the landlord.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Tenant: Sohn Medical
  • Tenant's Rep: Rick Anesiv (Lee & Associates)
  • Landlord: Unknown
  • Landlord's Rep: Will Thompson (Property Services Inc.)
  • Address: 1700 Central Road, Arlington Heights
  • Market: Centralia

Rick Anesiv of Lee & Associates represented Sohn Medical as the tenant in the lease agreement. Will Thompson, on the other hand, acted as the representative for the landlord, who remains unidentified in the transaction.

Players

Rick Anesiv

Lee & Associates

Broker

$1.3M

vol

9 deals

Broker

Centralia Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93